Plan Snapshot
- Plan Sponsor: Trustees Of Plumbers & Pipefitters Local No. 421 Health And Welfare Fu
- Sponsor EIN: 566085074
- Sponsor Address: 2010 NW 150TH AVENUE, SUITE 200, PEMBROKE PINES, FL, 33028
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,336
- Total Assets: $25.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,336 | $25.2M | $20.6M | $108,212 |
| 2023 | 948 | $17.5M | $12.8M | $157,198 |
| 2022 | 825 | $17.1M | $10.7M | $186,525 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| NATIONAL EMPLOYEE BENEFIT ADMIN | Other Service Provider | $473,047 | — | $473,047 |
| LAPADULA CARLSON + CO. | Auditor | $83,439 | — | $83,439 |
| ARNALL GOLDEN GREGORY LLP | Other Service Provider | $44,891 | — | $44,891 |
| WEDGE CAPITAL MANAGEMENT LLP | Other Service Provider | $20,312 | — | $20,312 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $15,654 | — | $15,654 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LAPADULA CARLSON + CO. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $637,343
- Estimated Expense Ratio: 2.533% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $848,690 | $45,526 | $428,517 | $77,382 | — |
| 2023 | $699,998 | $43,961 | $284,487 | $67,064 | — |
| 2022 | $747,892 | $92,647 | $283,340 | — | $198,356 |